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Financial planning

Overview


Islamic Business 48 Hour Cash Accelerator


Published at 2023-05-26

Amount Indicative Profit Rates (per annum) Effective Rate
R100k - R249 999 7.50% 7.76%
R250k - R999 999 7.80% 8.08%
R1m - R4 999 999 8.10% 8.41%
R5m+ 8.40% 8.73%

Nominal rate per annum (NACM): This is the indicative annualised profit rate that you will earn daily and is capitalised monthly.

Annual Effective rate: Annualised indicative Profit rate that takes into account the compounding of Profit for one year assuming that profit is not withdrawn


Terms and Conditions


> Product Spesific Account Rules

> Savings & Investment Account General Terms and Conditions

> Savings Investments Genral Ts & Cs

Qualifying criteria


Company must be registered in South Africa

Documents needed


  • Identity: Green bar-coded ID book and proof of address for company owners
  • Company documents
  • Income Tax Number: if issued

Islamic Business 48 Hour Cash Accelerator


Maximum nominal profit rate over 12 months

8.40%

Indicative profit rate per annum with minimum opening deposit of R100 000


Access your money after 2 days notice.

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Exclusive benefits

What you get


Opening made easy